The Asset Pledge Agreement is a crucial security document used in the Philippines when parties need to create a security interest over specific assets to secure financial or other obligations. It is commonly used in lending transactions, corporate financing, and other commercial arrangements where collateral is required. The agreement must comply with the Philippine Personal Property Security Act (Republic Act No. 11057) and the Civil Code of the Philippines, which govern the creation, perfection, and enforcement of security interests. The document typically includes comprehensive details about the pledged assets, conditions for enforcement, maintenance requirements, and the parties' respective rights and obligations. This type of agreement is particularly important in the Philippine context due to specific local law requirements for creating and enforcing security interests, including registration requirements and enforcement procedures.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
1. Parties: Identification of the Pledgor and Pledgee, including their complete legal names, addresses, and registration details
2. Background: Context of the pledge agreement, including reference to any underlying obligations or facility agreements
3. Definitions and Interpretation: Definitions of key terms and interpretation rules used throughout the agreement
4. Creation and Perfection of Pledge: Provisions establishing the pledge and steps required for its perfection under Philippine law
5. Pledged Assets: Detailed description of the assets being pledged and confirmation of ownership
6. Secured Obligations: Description of the obligations secured by the pledge
7. Representations and Warranties: Pledgor's representations regarding ownership, authority, and status of pledged assets
8. Covenants: Ongoing obligations of the Pledgor regarding maintenance and preservation of pledged assets
9. Rights and Obligations: Respective rights and obligations of both parties during the pledge period
10. Events of Default: Circumstances constituting default and triggering enforcement rights
11. Enforcement: Procedures and rights for enforcing the pledge upon default
12. Notices: Process and requirements for serving notices under the agreement
13. Governing Law and Jurisdiction: Specification of Philippine law as governing law and jurisdiction details
14. Miscellaneous: Standard boilerplate provisions including severability, amendments, and entire agreement
1. Security Trustee Provisions: Required when the pledge is held by a security trustee on behalf of multiple beneficiaries
2. Insurance: Required when pledged assets need specific insurance coverage
3. Third Party Rights: Needed when there are identified third-party beneficiaries to the pledge
4. Tax Provisions: Detailed tax provisions required when pledge enforcement may have significant tax implications
5. Custody Arrangements: Required when pledged assets are to be held by a custodian
6. Digital Asset Provisions: Specific provisions required for digital or electronic assets
7. Foreign Law Interface: Required when pledged assets are located in multiple jurisdictions
1. Schedule 1 - Description of Pledged Assets: Detailed inventory and description of all assets subject to the pledge
2. Schedule 2 - Form of Notice of Pledge: Template for notifying relevant parties of the pledge's existence
3. Schedule 3 - Perfection Requirements: Checklist and procedures for perfecting the security interest
4. Schedule 4 - Secured Obligations Details: Detailed description of the secured obligations if complex
5. Schedule 5 - Required Authorizations: List of required governmental or regulatory approvals
6. Appendix A - Asset Valuation Methodology: Agreed methodology for valuing pledged assets
7. Appendix B - Enforcement Procedures: Detailed procedures for enforcement in accordance with Philippine law
Relevant legal definitions
Clauses
Relevant Industries
Banking and Financial Services
Real Estate
Manufacturing
Trading and Commerce
Agriculture
Technology
Energy and Resources
Telecommunications
Infrastructure
Transportation and Logistics
Relevant Teams
Legal
Finance
Treasury
Risk Management
Compliance
Corporate Secretariat
Credit Administration
Collections
Security and Collateral Management
Operations
Relevant Roles
Legal Counsel
Corporate Lawyer
Finance Director
Chief Financial Officer
Risk Manager
Compliance Officer
Treasury Manager
Credit Manager
Security Trustee
Corporate Secretary
Transaction Manager
Collateral Manager
Asset Manager
Financial Controller
Legal Operations Manager
Find the exact document you need
Pledge Agreement (Real Estate)
A Philippine law-governed security agreement where real property is pledged as collateral to secure a debt or obligation.
Download
Membership Pledge Agreement
A Philippine law-governed agreement that establishes formal membership terms, rights, and obligations between an organization and its members.
Download
Motor Vehicle Security Agreement
A Philippine law-governed agreement establishing a security interest in a motor vehicle as collateral for a loan or financial obligation.
Download
Security Interest Contract
A Philippine law-governed agreement creating a security interest in assets to secure an obligation, subject to the Personal Property Security Act and related legislation.
Download
Real Estate Security Agreement
A Philippine law-governed agreement creating a security interest over real property as collateral for a loan or obligation.
Download
Personal Information Confidentiality Agreement
A Philippine law-compliant agreement establishing confidentiality obligations for handling personal information, aligned with the Data Privacy Act of 2012.
Download
Security Agreement For Promissory Note
A Philippine law-governed security agreement that creates a security interest in collateral to secure obligations under a promissory note.
Download
Stock Transfer Agreement Gift
A Philippine law-compliant agreement for the gratuitous transfer of corporate shares from a donor to a donee, incorporating necessary tax and regulatory requirements.
Download
Security Deposit Agreement
A Philippine law-governed agreement establishing terms for handling, maintaining, and returning a security deposit between parties, typically used in property rental or service arrangements.
Download
Penetration Testing Confidentiality Agreement
A Philippine-law governed agreement establishing confidentiality terms and authorized activities for cybersecurity penetration testing services.
Download
Data Privacy Contract
A Philippine law-compliant contract governing personal data processing arrangements between parties, aligned with the Data Privacy Act of 2012.
Download
Collateral Substitution Agreement
A Philippine law-governed agreement enabling the substitution of loan collateral while maintaining security interest continuity and regulatory compliance.
Download
Agreement To Exclude Security Of Tenure
A Philippine law-compliant agreement that establishes fixed-term employment by excluding security of tenure provisions, subject to Labor Code requirements.
Download
Security Agreement Contract
A Philippine law-governed agreement creating security interests over collateral to secure obligations, complying with the Personal Property Security Act.
Download
Stock Collateral Loan Agreement
A Philippine law-governed agreement establishing terms for a loan secured by shares of stock, including collateral arrangements and enforcement mechanisms.
Download
Stock Pledge And Security Agreement
A Philippine law-governed agreement creating a security interest over shares of stock as collateral for securing obligations.
Download
Tri Party Collateral Agreement
A Philippine law-governed agreement establishing arrangements between three parties for the management and custody of collateral assets.
Download
Purchase Money Security Agreement
A Philippine law-governed agreement creating a security interest in purchased property, establishing purchase terms and secured party's rights under the Personal Property Security Act.
Download
Loan Against Shares Agreement
A Philippine law-governed agreement establishing terms for a loan secured by shares as collateral, detailing pledge arrangements and security mechanisms.
Download
Note And Security Agreement
A Philippine law-governed agreement combining loan terms and security arrangements, establishing both debt obligations and collateral rights.
Download
Debenture Trustee Agreement
A Philippine law-governed agreement appointing and establishing the duties of a trustee to protect debenture holders' interests in a debenture issuance.
Download
Irrevocable Pledge Agreement
A Philippine law-governed security agreement creating an irrevocable pledge over specific assets as collateral for securing obligations.
Download
Guaranty And Security Agreement
A Philippine law-governed agreement combining a personal guarantee with security interests in collateral to secure obligations, subject to local secured transactions laws.
Download
Global Master Repurchase Agreement
A master agreement for repurchase transactions in the Philippines, compliant with BSP and SEC regulations, governing securities financing between financial institutions.
Download
Equipment Security Agreement
A Philippine law-governed agreement creating security interests in equipment as collateral for loans or obligations, regulated under the Personal Property Security Act.
Download
Auto Loan Security Agreement
A Philippine law-governed agreement creating a security interest in a financed vehicle, establishing loan terms and collateral arrangements under local banking and consumer protection regulations.
Download
Personal Security Agreement
A legally-binding agreement under Philippine law that establishes terms and conditions for security service provision, ensuring compliance with RA 5487 and related regulations.
Download
Omnibus Loan And Security Agreement
A Philippine law-governed agreement combining multiple loan facilities and security arrangements into a single comprehensive financing document.
Download
Collateral Account Control Agreement
A Philippine law-governed agreement establishing control over a bank account as collateral security between an account holder, secured party, and deposit bank.
Download
Collateral Account Agreement
A Philippine law-governed agreement establishing security over a bank account and its contents, setting out control and enforcement rights.
Download
Chattel Security Agreement
A Philippine law-governed agreement creating security interests in personal property (chattel) to secure obligations, regulated under the Personal Property Security Act.
Download
Account Control Agreement Collateral
A Philippine law-governed tripartite agreement establishing control over deposit accounts as collateral security, enabling perfection of security interests under local law.
Download
Retail Installment Contract And Security Agreement
A Philippine law-governed agreement combining retail installment sales terms with security provisions for consumer goods purchases, ensuring seller protection and compliance with local consumer protection laws.
Download
Subordinated Creditors Security Agreement
A Philippine law-governed agreement establishing security interests and creditor priorities in secured financing arrangements, regulating relationships between senior and subordinated creditors.
Download
Personal Loan Contract With Collateral
A Philippine law-governed agreement establishing terms for a personal loan secured by collateral, including security interest provisions and regulatory compliance requirements.
Download
Shareholder Agreement Transfer Of Shares
A Philippine law-governed agreement documenting the transfer of shares between shareholders, setting out terms, conditions, and regulatory compliance requirements.
Download
Stock Transfer Restriction Agreement
A Philippine law-governed agreement that establishes restrictions and procedures for corporate share transfers, protecting existing shareholders' interests and maintaining ownership control.
Download
Third Party Collateral Agreement
A Philippine law-governed agreement where a third party provides their assets as collateral to secure another party's obligations to a creditor.
Download
Security Control Agreement
A Philippine-law governed agreement establishing security control measures and compliance requirements, ensuring alignment with local data protection and cybersecurity regulations.
Download
Key Holding Agreement
A Philippine-compliant agreement establishing terms for professional key custody services, including security protocols and liability arrangements.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)